To provide the Okemo Valley Region with multi-media technology for the purposes of education and information.

501(c)(3) charity; gifts are tax-deductible.
75¢ of each $1 spent went to programs.
$72K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average deficit $2K a year · under 1% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
75%
of spending
Looks good: 75% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$72K
to officers and key staff · 27% of spending
Worth a look: pay to officers and key staff is 27% of spending; over 20%.
Pt VII · Sec A
4 mo
of spending, in cash
Looks good: 4.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $24K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$4K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$237K
-12% vs prior year
Spent
$269K
To programs
75%
Net assets
$306K
By yearFY2021–FY2025
Revenue
$237K
FY2025▼ -12%
Tap a bar for its year
Revenue by fiscal year
FY2021$239K
FY2022$239K
FY2023$247K
FY2024$268K
FY2025$237K
Expenses
$269K
FY2025▼ -2%
Tap a bar for its year
Expenses by fiscal year
FY2021$225K
FY2022$225K
FY2023$244K
FY2024$276K
FY2025$269K
Net assets
$306K
FY2025▼ -10%
Tap a bar for its year
Net assets by fiscal year
FY2021$329K
FY2022$342K
FY2023$346K
FY2024$338K
FY2025$306K

From the FY2025 Form 990 (year ending June 2025) · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 2001.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

75 cents of each dollar spent went to programs.

Program services 75% · $202K Management & general 24% · $64K Fundraising 1% · $3K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990; $72K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Director
$72,351Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Patrick Cody’s $72K as Director is at the 67th percentile of top reported officer pay among 2215 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Patrick Cody$72,351$67,717$69,876$61,665$57,656

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Okemo Valley Tv Corp executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers multimedia technology for education and information in the Okemo Valley Region.

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Provided by the organization

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1 program · $202K · in their own filed words · FY2024
01

Provided a community bulletin service, coverage of town, school district and government meetings, local performing arts & sports and other community events.

$202Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$24K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$237K
Ln 12
Fees for servicesLn 2g$182K
Gifts and grantsLn 1h$51K
Investment incomeLn 3$3K
Money outPt IX
$269K
Ln 25
Programscol B$202K
Managementcol C$64K
Fundraisingcol D$3K
Owns and owesPt X
$306K
net assets · Ln 32
Cash and savingsLn 1–2$91K
Total assetsLn 16$310K
LiabilitiesLn 26$4K
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$51K
Government grantsLn 1e$22K
Noncash giftsLn 1g$8K
Fees for servicesLn 2g$182K
Investment incomeLn 3$3K
Total revenueLn 12$237K
Assets in detailPt X, end of year
CashLn 1$11K
SavingsLn 2$80K
Cash and savings togetherLn 1–2$91K
Land, buildings, equipmentLn 10c$219K
Total assetsLn 16$310K
LiabilitiesLn 26$4K
Net assetsLn 32$306K
OperationsPt I, VI
EmployeesI 55
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$108K$91K
Land, buildings, equipmentLn 10c$231K$219K
Total assetsLn 16$339K$310K
LiabilitiesLn 26$1K$4K
Net assetsLn 32$338K$306K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$0$0
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$73K$37K$37K$0
Pay of disqualified personsLn 6$82K$82K$0$0
Pension plan contributionsLn 8$2K$1K$1K$0
Other employee benefitsLn 9$7K$3K$3K$0
Payroll taxesLn 10$13K$10K$3K$0
Accounting feesLn 11c$2K$0$2K$0
Other fees for servicesLn 11g$58K$44K$10K$3K
Advertising and promotionLn 12$4K$4K$0$0
OccupancyLn 16$12K$9K$3K$0
TravelLn 17$1K$1K$0$0
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$0$0$0$0
Depreciation, depletion and amortizationLn 22$13K$11K$2K$0
InsuranceLn 23$3K$561$2K$0
Total functional expensesLn 25$269K$202K$64K$3K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $237K$269K−$32K$306K 990 PDF
FY2024 $268K$276K−$8K$338K 990 PDF
FY2023 $247K$244K$4K$346K 990 PDF
FY2022 $239K$225K$13K$342K 990 PDF
FY2021 $239K$225K$14K$329K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $236,852 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $65,019$51,141
I-9 Program service revenuePrior year $197,562$182,301
I-10 Investment incomePrior year $5,479$3,410
I-11 Other revenue$0
I-12 Total revenuePrior year $268,060$236,852
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $169,029$177,658
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $106,899$91,374
I-18 Total expensesPrior year $275,928$269,032
I-19 Revenue less expensesPrior year −$7,868−$32,180
Part VI · Governance 7 of 7 board members independent, 4 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-13 Written whistleblower policyYes
Part VIII · Statement of revenue $236,852 across 7 lines filed
VIII-1e Government grants$21,856
VIII-1f All other contributions, gifts and grants$29,285
VIII-1g Noncash contributions (included above)$7,840
VIII-1h Total contributions, gifts and grants$51,141
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$182,301
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $3,410$3,410
VIII-12 Total revenueRelated to mission $182,301 · Unrelated business $0 · Excluded from tax $3,410$236,852
Part IX · Statement of functional expenses $269,032 across 18 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $36,709 · Management $36,708 · Fundraising $0$73,417
IX-6 Pay of disqualified personsPrograms $82,403 · Management $0 · Fundraising $0$82,403
IX-8 Pension plan contributionsPrograms $1,097 · Management $1,154 · Fundraising $0$2,251
IX-9 Other employee benefitsPrograms $3,498 · Management $3,499 · Fundraising $0$6,997
IX-10 Payroll taxesPrograms $9,625 · Management $2,965 · Fundraising $0$12,590
IX-11c Accounting feesPrograms $0 · Management $2,000 · Fundraising $0$2,000
IX-11g Other fees for servicesPrograms $44,276 · Management $10,253 · Fundraising $3,020$57,549
IX-12 Advertising and promotionPrograms $3,688 · Management $0 · Fundraising $0$3,688
IX-16 OccupancyPrograms $8,851 · Management $2,950 · Fundraising $0$11,801
IX-17 TravelPrograms $1,039 · Management $0 · Fundraising $0$1,039
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $10,749 · Management $1,875 · Fundraising $0$12,624
IX-23 InsurancePrograms $561 · Management $2,112 · Fundraising $0$2,673
IX-25 Total functional expensesPrograms $202,496 · Management $63,516 · Fundraising $3,020$269,032
Part X · Balance sheet $310,045 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $11,884$11,144
X-2 Savings and temporary cash investmentsStart of year $96,396$80,339
X-10c Land, buildings and equipment, netStart of year $231,187$218,562
X-16 Total assetsStart of year $339,467$310,045
X-17 Accounts payable and accrued expensesStart of year $1,413$4,171
X-26 Total liabilitiesStart of year $1,413$4,171
X-32 Total net assets or fund balancesStart of year $338,054$305,874
X-33 Total liabilities and net assetsStart of year $339,467$310,045
Part XI · Reconciliation of net assets $305,874 net assets at year end
XI-1 Total revenue$236,852
XI-2 Total expenses$269,032
XI-3 Revenue less expenses−$32,180
XI-4 Net assets at start of year$338,054
XI-10 Net assets at end of year$305,874

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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